The company’s revenue as per IFRS grew by 31.4% YoY in constant currency to $254.5 million in Q1 FY25 from $196.7 million in Q1FY24
Rimjhim Singh New Delhi
MakeMyTrip on Tuesday reported a 12.9 per cent year-on-year rise in net profit at $21.0 million for the quarter that ended on June 30 in financial year 2024-25 (Q1FY25).
The company had reported a net profit of $18.6 million during the same period last year (Q1FY24).
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The company’s revenue as per IFRS grew by 31.4 per cent YoY in constant currency to $254.5 million in Q1 FY25 from $196.7 million in Q1FY24.
The company’s adjusted operating profit registered a growth of 29.9 per cent YoY and reached $39.1 million in Q1FY25, as compared to $30.1 million in Q1FY24.
Rajesh Magow, group chief executive officer at MakeMyTrip, said, “We are pleased to see a robust start to this fiscal year. We believe that the long-term growth story of India’s travel and tourism sector is…
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